BRBOF (Brembo NV) Inventory Turnover : 0.65 (As of Sep. 2024)

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What is Brembo NV Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Brembo NV's Cost of Goods Sold for the three months ended in Sep. 2024 was $467 Mil. Brembo NV's Average Total Inventories for the quarter that ended in Sep. 2024 was $723 Mil. Brembo NV's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.65.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Brembo NV's Days Inventory for the three months ended in Sep. 2024 was 141.12.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Brembo NV's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.69.

Brembo NV Inventory Turnover Historical Data

The historical data trend for Brembo NV's Inventory Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Brembo NV Inventory Turnover Chart

Brembo NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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3.43

3.00

2.98

3.15

2.96

Brembo NV Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															0.73	0.65	0.71	0.68	0.65

Brembo NV Inventory Turnover Calculation

Brembo NV's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	1918.998	/ (	(620.799	+	677.968)	/	2 )
=	1918.998	/	649.3835
=	2.96

Brembo NV's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	467.258	/ (	(716.039	+	729.252)	/	2 )
=	467.258	/	722.6455
=	0.65

Brembo NV (OTCPK:BRBOF) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Brembo NV's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	722.6455	/	467.258	*	365 / 4
	=	141.12

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Brembo NV's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	722.6455	/	1043.951
	=	0.69

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Brembo NV Inventory Turnover Related Terms

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Brembo NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Brembo NV (OTCPK:BRBOF) » Definitions » Inventory Turnover

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Traded in Other Exchanges

BRE:Mexico BRE:Italy BREm:UK 0RPV:UK Y8O:Germany BRE2:Austria

Address

Via Stezzano 87, Bergamo, ITA, 24126

Website

https://www.brembo.com

Brembo NV develops braking solutions for automotive vehicles in the original equipment market and aftermarket. Its products include brake discs, calipers, and complete braking systems for cars and commercial vehicles, as well as for motorbikes. The company also provides brake components for the car aftermarket and groups its operations into two segments includes Discs-Systems-Motorbikes and Aftermarket-Performance Group.